Under pressure from global markets and high domestic inflation rate that could push up interest rates, the Sensex fell by over 450 points for the second consecutive trading day, taking the total fall in two trading sessions to 960 points or 4.8%. The index closed at a seven-week low of 19,224.
With this, the past five trading sessions have taken the Sensex down 1,337 points (6.6%). The Nifty fell 141 points (2.4%) to close at 5,763 as foreign institutional investors pulled out Rs 964 crore from the Indian market.
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